Central Fee earned by Sheraton International Not Taxable: Delhi HC

CIT Vs Sheraton International LLC (Delhi High Court) Delhi High Court has dismissed an appeal filed by the Commissioner of Income Tax (CIT) against Sheraton International LLC concerning the assessment year 2013-14. The appeal challenged a ruling by the Income Tax Appellate Tribunal (Tribunal) which held that the “centralized fee” earned by Sheraton International LLC was not taxable under Indian tax laws. The centralized fee in question pertained to various services provided by Sheraton, including sales and marketing charges, loyalty programs, reservation charges, technological serv...